Vietnam business environment appreciated by EU investors

Vietnam Airlines has gained the title of Best Airline Service at Incheon Airport. This achievement contributes greatly to the development of VNA on the line to become one of leading carrier in the region with international standard.

Recently, a large number of passengers buying Korean Air tickets asks for refunds due to the outbreak of Coronavirus in the country. However, the South of Korea’s flag carrier announced that they will not refund tickets to Korea.

Contrary to the daily bustle and business, major cities in China such as Beijing and Shanghai are exceptionally deserted during the days of coronavirus outbreaks. From the most dynamic city, Beijing has few shops or restaurants opened.

The Prime Minister Nguyen Tan Dung agrees with the development plan of Vietnam automotive industry until 2020; Vietnam will produce 227.000 cars and to 2025 will reach appropriately half a million vehicles, accounting for 60%-65% of the domestic market.

Based on the foreign policies which enhance the position of Asia in diplomatic relations, Russian large companies in the field of energy, specifically, oil and gas will boost investment in Vietnam in the near future.

On June 4th, Hue City organized a ceremony of marking the project of receiving supports for orphans and disadvantage children in Vietnam society. The aim of the project is to improve childcare in Vietnam.

On June 22th, the 21st South Africa International Trade Exhibition has been opened in Johannesburg City of South Africa. During the exhibition, international importers show great interest in Vietnamese products.

Vietnam investment environment is increasingly appealing more foreign investors, as advantages of cheap labor cost and attractive incentive policies. Many world leading investors pouring huge capitals in Vietnam are Samsung, Nokia, and Intel, etc.

Recently, the project on preserving and recovering Lan Ong Street - a famous traditional medicine space in old streets was inaugurated. Simultaneously, the project was held with the Week of Traditional Vietnamese medicine street 2015.

It is the first time Boeing implements the performance flight the complete version of Boeing 787-9 with an airline. This is also the first time that new Vietnam Airlines brand identity is released at the biggest aviation exhibition in the world.

On December 13th, an 81-storey skyscraper named The Landmark 81, which belongs to luxury urban area Vinhomes Central Park was started construction by Vingroup. It is expected that this highest building in Vietnam will be inaugurated in 2017.

Starbucks will open its three coffee shops in Hanoi in the effort to conquer the demanding palates of residents in this city. According to a representative of Starbucks Vietnam, the first three stores will be opened in prime locations of Hanoi.

After the success of the first restaurant on Dien Bien Phu Street, District 1, McDonalds Ho Chi Minh City will open the second on May 16th. The new restaurant is located near Ben Thanh Market, on Tran Hung Dao Street.

39 years after the Vietnam Liberation Day, Da Nang has developed significantly in all aspects. More importantly, Da Nang City has leave impression on tourists and residents as the most worth-living city in Vietnam.

As global economy is having positive changes, Vietnam economy will be definitely boosted. It is expected to increase 5.6 percent in this 2014 thanks to the recovery of the United States and Eurozone in banking reforms.

According to a recent survey conducted by ANZ, it is reported that Vietnamese middle class increases most rapidly in Asia, about 2 million Vietnamese joining the middle-class of Vietnamese society every year.

Sun Group Corporation recently has celebrated groundbreaking ceremony to construct Asia Park Da Nang cultural park and recreation on 2/9 street with a total investment of $ 200 million.

Ho Chi Minh City decided to expand center area including the whole Thu Thiem new urban area. There are accordingly some changes in Ho Chi Minh districts as well as the city urban area.

The second Kids World will be opened on Dong Khoi Street by Ho Chi Minh Vincom Center, on April 25th. With a scale of more than 5000 square meters, Kids World is expected to be the paradise for children.

June 1st has been chosen as the International Children’s Day since 1950. On this occasion annually, a large number of attractive activities for Children Day in Hanoi will be celebrated in several attractions and amusement parks across the city.